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The segment
information has been prepared in accordance with IFRS 8
- Operating Segments (IFRS 8) which defines the
requirements for the disclosure of financial information
of an entity's operating segments.
IFRS 8 replaces IAS14 - Segment Reporting. The standard
requires segmentation based on the group's internal
organisation and reporting of revenue and
operating income based upon internal accounting
presentation.
In identifying its operating segments, management
generally follows the Group's product and service lines.
Each of these operating segments is managed separately
as each of these service lines requires different
technologies and other resources as well as marketing
approaches.
In the previous annual and interim financial statements,
segments were identified by reference to the dominant
source and nature of the Group's risks and returns with
results reported based on the IFRS accounting policies
used in the financial statements.
The measurement policies the Group uses for segment
reporting under IFRS 8 are the same as those used in its
financial statements, except that certain items are
not included in arriving at the operating profit of the
operating segments (amortisation of intangibles).
The requirements of IFRS 8 have been applied
retrospectively and comparative figures restated.
The Group operates a number of different operating
segments primarily within the Telecommunications,
Multi-media & Electronics and Information Technology
sectors.
The segment revenues, and operating profit generated by
each of the Group's reportable segments are summarised
as follows:
|
|
Revenue |
Operating Profit |
|
|
12 months to 28 Feb 2010 |
12 months to 28 Feb 2009 |
Growth Cur/Pyr |
12 months to 28 Feb 2010 |
OM% |
12 months to 28 Feb 2009 |
OM% |
Growth Cur/Pyr |
|
|
Rm |
Rm |
|
Rm |
|
Rm |
|
|
|
|
|
|
|
|
|
|
|
|
|
Altech
Autopage Cellular |
5
597 |
5
264 |
6.3% |
296
|
5.3% |
296
|
5.6% |
0.0% |
|
Altech
UEC Group |
1 079
|
1
324 |
-18.5% |
5
|
0.5% |
33
|
2.5% |
-84.8% |
|
Altech
Netstar Group |
880
|
829 |
6.2% |
269
|
30.6% |
250
|
30.2% |
7.6% |
|
Kenya
Data Networks |
401
|
334 |
20.1% |
158
|
39.4% |
158
|
47.3% |
0.0% |
|
Other
Altech Segments |
1 414
|
1
539 |
-8.1% |
247
|
17.5% |
152
|
9.9% |
62.5% |
|
Altech
Group |
9
371 |
9
290 |
0.9% |
975
|
10.4% |
889
|
9.6% |
9.7% |
|
Amortisation of intangibles |
-
|
- |
- |
(40) |
- |
(25.0) |
- |
60.0% |
|
Corporate |
|
|
|
(2) |
|
10.0
|
|
|
|
Inter
segment revenue |
(171) |
(126) |
35.7% |
-
|
0.0% |
-
|
0.0% |
|
|
Altech
Group |
9 200
|
9
164 |
0.4% |
933
|
10.1% |
874
|
9.5% |
6.8% |
Revenues and operating profit from segments
below the quantitative thresholds are
attributable to smaller operating segments of
the Altech group.
None of those segments has met any of the
quantitative thresholds for determining
reportable segments for the reportable periods.
Quantitative thresholds have been calculated
based on totals for the Altech group. |
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